Venezuela's Aeropostal considers West Caribbean rescue

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Venezuelan carrier Aeropostal could become a saviour to bankrupt and grounded Colombian carrier West Caribbean Airways, after Aeropostal chief Nelson Ramiz declared an interest in reviving the airline.

West Caribbean was partially grounded over safety concerns by Colombian civil aviation authority Aerocivil last July and remained fully inoperative after the crash of one of its Boeing MD-82s a month later.

Attempts by its majority owner and CEO Jorge Perez to find a partner for the airline have been unsuccessful and the company has filed for administration.

But Aeropostal chief Ramiz says that he is “exploring possibilities to resurrect the airline” and is in talks with “potential local partners” from the hotel and tour operator sector.

He declines to identify these parties but says: “We are evaluating the state of the company and are definitely interested in expanding Aeropostal's network into Colombia. But we have not yet taken a decision.”

Aeropostal previously held a minority stake in Colombia's Aerorepublica which it sold when Panama's Copa acquired Aerorepublica last year.